Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against BloFin+0.219%78s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.186% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.219%, 7d avg −0.035%
=The price spread pays, funding is against you. Gate is 0.255% dearer against BloFin than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of −0.035%): +$25 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.044% in total) that is about 41 days. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BERA-USDT | 0.2280 | 0.0159 | pay 0.0080% / 4h | 2h 13m | $276K | $72K | 75x |
| Short | Gate BERA_USDT | 0.2285 | 0.0100 | get 0.0050% / 4h | 2h 13m | $344K | $272K | 50x |
BloFin BERA-USDT
Gate BERA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.41
- Price spread: +0.219% → −0.035%
- $25.47
- Slippage, 4 orders
- −$91.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$105.53
- Costs to cover
- 1.186%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; Gate: live order book, 31 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 11 min ago | 4.42 bp | 15.9 bp −$16 | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 4.38 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
BERA on 24 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BERA/USDC PERP | −0.5000% | 1h | 0.2140 | −6.140% | $2K | $4K | 12x | as long as short |
| Kraken Futures PF_BERAUSD | −0.0764% | 1h | 0.2284 | +0.163% | $51K | $24K | 20x | as long as short |
| Orderly PERP_BERA_USDC | +0.0095% | 4h | 0.2284 | +0.175% | $9K | $787 | 10x | as long as short |
| Lighter BERA | +0.0096% | 1h | 0.2286 | +0.241% | $65K | $73K | 5x | as long as short |
| Aster BERAUSDT | +0.0100% | 4h | 0.2285 | +0.219% | $15K | $22K | 5x | as long as short |
| Binance BERAUSDT | +0.0100% | 4h | 0.2286 | +0.263% | $5.4M | $9.6M | 50x | as long as short |
| Bybit BERAUSDT | +0.0100% | 4h | 0.2287 | +0.307% | $3.1M | $2.3M | 25x | as long as short |
| OKX BERA-USDT-SWAP | +0.0100% | 4h | 0.2284 | +0.175% | $1.4M | $2.0M | 20x | as long as short |
| Gate BERA_USDTshort | +0.0100% | 4h | 0.2285 | +0.219% | $344K | $272K | 50x | |
| MEXC BERA_USDT | +0.0100% | 4h | 0.2288 | +0.351% | $1.2M | $347K | 20x | as long as short |
Injective BERA/USDC PERP
Kraken Futures PF_BERAUSD
Orderly PERP_BERA_USDC
Lighter BERA
Aster BERAUSDT
Binance BERAUSDT
Bybit BERAUSDT
OKX BERA-USDT-SWAP
MEXC BERA_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BERAUSDTM | +0.0100% | 4h | 0.2286 | +0.263% | $553K | $127K | 50x | as long as short |
| Bitget BERAUSDT | +0.0100% | 4h | 0.2286 | +0.263% | $1.5M | $769K | 50x | as long as short |
| BingX BERA-USDT | +0.0100% | 4h | 0.2284 | +0.175% | — | $6.6M | — | as long as short |
| Backpack BERA_USDC_PERP | +0.0100% | 1h | 0.2287 | +0.303% | $27K | $149K | 5x | as long as short |
| Variational Omni BERA | +0.0100% | 4h | 0.2276 | −0.192% | $83K | $51K | — | as long as short |
| GRVT BERA_USDT_Perp | +0.0100% | 4h | 0.2278 | −0.082% | $105K | $2.9M | 10x | as long as short |
| ApeX Omni BERAUSDT | +0.0100% | 1h | 0.2270 | −0.439% | $37K | $452K | 50x | as long as short |
| SoDEX BERA-USD | +0.0100% | 1h | 0.2285 | +0.211% | $365 | $6K | 5x | as long as short |
| 01 Exchange BERAUSD | +0.0144% | 1h | 0.2282 | +0.088% | $3K | $864 | 5x | as long as short |
| BloFin BERA-USDTlong | +0.0159% | 4h | 0.2280 | long leg | $276K | $72K | 75x | |
| Coinbase International BERA-PERP-INTX | +0.0160% | 1h | 0.2286 | +0.263% | $20K | $58K | 50x | as long as short |
| Deribit BERA_USDC-PERPETUAL | +0.0188% | 1h | 0.2285 | +0.219% | $9K | $49K | 25x | as long as short |
| GMX BERA/USD [ETH-USDC] | L +0.0206% / S −0.0592% | 1h | 0.2283 | +0.137% | $2K | — | 100x | as long as short |
| Hyperliquid BERA | +0.0412% | 1h | 0.2289 | +0.399% | $2.9M | $594K | 5x | as long as short |
KuCoin BERAUSDTM
Bitget BERAUSDT
BingX BERA-USDT
Backpack BERA_USDC_PERP
Variational Omni BERA
GRVT BERA_USDT_Perp
ApeX Omni BERAUSDT
SoDEX BERA-USD
01 Exchange BERAUSD
Coinbase International BERA-PERP-INTX
Deribit BERA_USDC-PERPETUAL
GMX BERA/USD [ETH-USDC]
Hyperliquid BERA